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Author Topic: Bitcoin must be regulated!  (Read 1685 times)
adzino
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August 18, 2018, 03:41:16 PM
 #21

This is really sad. Your post proves that you have no clue what bitcoin is and why this technology has emerged. If all the problems (those are not actually problems) you mentioned were fixed, then there would be no difference between traditional fiat and crypto currency. People would end up ditching bitcoin and go back to fiat. This would in turn make bitcoin value less. Bitcoin was made to bring financial privacy. You don't need to know who own how much of coins. It is none of your business. And if regulations are placed, then a third party will be involved which in turn will make bitcoin more of a centralized coin.


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August 18, 2018, 03:47:08 PM
 #22

Yes must be regulated,thats what we needed now because they are so many manipulation and some new investors not coming because of the fear of government banning cryptocurrency.
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August 18, 2018, 03:53:52 PM
 #23

It is a rather complicated issue, because blockchain technology is based on people's freedoms and control, what can be done is to adapt many things in the economic system so that the laws continue to be enforced, for example, the payment of taxes must not be affected by cryptocurrencies.
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August 18, 2018, 03:54:20 PM
 #24

I think if the government and the bank accept the bitcoin deal then the bitcoin should have more specific regulations to help the market be more stable and contribute to make bitcoin more useful than reducing the maximum fraud. .
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August 18, 2018, 03:54:46 PM
 #25

This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
it will take very huge money and a lot of manpower to be able to regulate Bitcoin, because it is decentralized up until now there is no right figure on how many people are holding bitcoin and how many wallet does every one bitcoin holders, it's just impossible and who who would do the governing or regulating

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August 18, 2018, 04:03:11 PM
 #26

Its better it should be regulated now before it will be too late, too much problems its facing because their is no authority controlled it, we need regulations to revolutionize cryptocurrency.
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August 18, 2018, 04:20:13 PM
 #27

This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

Are you a government shill?  This post is outrageous.  Please educate yourself on crypto and world history.  You appear to be living in a different world than I am and it's oddly disturbing. 

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August 18, 2018, 04:26:06 PM
 #28

Bitcoin can't be regulated. Period.
It's very simple.
Nobody own bitcoin or stand behind bitcoin.
There is no bank or any government behind bitcoin.
In fact, nobody control bitcoin.




Regulation is not about Bitcoin control, this is wrong attitude. And many posts here prove that many users don't have the clue what regulation means.
It's not control, it's not centralization and it's not ban but bringing some kind od legal order and defining what is allowed and what isn't, it's about to bring some legal security and back up to businesses and individuals who use Bitcoin.
And it's completely wrong to say that Bitcoin can't be regulated because many countries have already done that.

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August 18, 2018, 04:26:43 PM
 #29

Adaptation can be made. But this coin cannot be regulated. Not only BTC, but all the altcoins in the market too can be regulated because it is in a decentralized system.
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August 18, 2018, 04:38:11 PM
 #30

I think that Bitcoin and cryptocurrencies are waiting for a lot of regulation in the future. The government will try to control Bitcoin.
Governments of different countries will not only try to regulate bitcoin and other decentralized crypto currency, they will surely do so in the near future. We need to be prepared for the fact that governments and their governments will eventually tighten the terms of circulation of the crypto currency in these countries. We must proceed from the fact that the presence of a decentralized crypto-currency is generally unprofitable for any state and state structures will look for any reasons to limit its circulation. Therefore, the triumphal procession of crypto-currencies on the planet should not be expected, it will be a persistent struggle for existence.

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August 18, 2018, 04:43:03 PM
 #31

yes it will be changeable because market will be depend n crypto market they are use in crypto holder. I have some any kinds of coin but i dob't like sell because i want to some hold coin for my future because this crypto market will be any time changeable. The market can do it do or die because market can say you can buy coin any time it will be very change able.
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August 18, 2018, 04:44:11 PM
 #32

This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I stopped after reading few lines, and the word regulated popping all over shows your iq is very low when it comes to bitcoins. It's clear you saw bitcoins on the net, saw it's price fluctuations,  and jumped to conclusions without even studying it, Bitcoins cannot be regulated period.

If we wanted a regulated crypto, I would buy fiat not crypto, it's a reason it's decentralised there's no need to change it. I would recommend you to read up on bitcoins, or stay away as you'll end up in looses.

No the trust has not been lost, the community understands the fluctuations and is backing bitcoins, we'll know pump and dump is going to happen, and that's how one makes money, you need to learn this trade.

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August 18, 2018, 05:45:35 PM
 #33

Yes must be regulated,thats what we needed now because they are so many manipulation and some new investors not coming because of the fear of government banning cryptocurrency.

No we dont need regulation, have you just read the thread? Manipulation is not
a concern it is up to everyone to educate themselves and make the choice to
either buy or sell when they feel is right.

Bitcoin cannot be stopped, regulated or banned. Its useage as in entry and exit
points can be but not bitcoin itself. Thankfully.

There are still a lot of people who seem to have a sense of entitlement to prices
always moving up

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August 18, 2018, 05:49:14 PM
 #34

No way the bitcoin is going to be regulated...  Huh
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August 18, 2018, 05:50:44 PM
 #35

This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.
As the currency crypted, "it's growing", it had to overcome serious compliance problems and regulations around the world. These regulatory issues are numerous depending on the country in which you are reading this. However, one problem seems to be repeated over and over again. Money laundering.

You can not fail to regulate the system in which criminal acts will take place. The code itself is not obviously reliable. People will find the way, forks will be forced on them, whether they want to or not. In this situation, regulation can be the only future ...

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August 18, 2018, 05:51:22 PM
 #36

This is necesarry now because bitcoin involve huge money and the possibilities is that the bitcoin that we may hold may not have any value any more for its equivalency to fiat money are already secured in the owners system pocket. Our trust is slowly degrading for what we had on the current market even the huge investors are already withdrawing their money on bitcoin. And it does not help with small scale investors so there should be a preventive measure to be undertaken but hey where are the team? Common people like me does not even know who owns bitcoin and who are the team composing of bitcoin. If the system needs advancement they should create a remedial for the current market like having another promotion to get more investors. With the attitude of the market price manipulator right now there is no guarantee that bitcoin market price could recover. There is no action being taken and i do not if the team are so selfish with their business on this system they created. Are they only milking the investors? Obviously if this is their ideals then i will not expect bitcoin will last long.

I actually want it to be regulated. I say that because there are so many positive implications that could happen in the betterment of cryptocurrencies and the market if that will happen. The fact that most of the coins right now are being doubted because of the negative happenings in the market is just so rampant; however, if it will be regulated, which means that there would be laws that could actually be made for its protection, then that will indirectly send people the message that it is a legitimate and legal asset, and so, that would give cryptocurrencies more trust from people that could improve the market tenfold.


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KonstantinosM
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August 18, 2018, 05:53:08 PM
 #37

Bitcoin is regulated. By mathematics. We, the community and the developers reach consensus only through self-regulation. Anyone who breaks the rules can fork right off!


The US government regulates what people can and cannot do in the United States. We have to pay income taxes on income in any form. So we can pay taxes on bitcoin income.

I believe that at this early stage any government that is strict on bitcoin is shooting itself in the foot. People are just going to find a way around the regulation, or it's going to inhibit the country's future tax collection as the people in the country will lose out on the most potentially profitable market in history.


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August 18, 2018, 05:55:04 PM
 #38

Where from you took the information that investors cash out their money from bitcoin? Oppositely on news I see that new and new people invest in bitcoin at current minimums and those who wanted to sell done it before bitcoin dropped lower than 15000$. All the thread is simply your own opinion and it not based of facts. Do not make people confused, please, bitcoin will recover itself, but we should to be ready to wait long.

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August 18, 2018, 06:53:33 PM
 #39

It cannot be regulated. It cannot be own by anyone nor it is ruled by anyone either. So, regulating the market will be a tough one.
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August 18, 2018, 06:55:18 PM
 #40

No, I know that bitcoin is going to be regulated but it is not a must, OP you seem to misunderstand what bitcoin is trying to achieve, we are trying to achieve a new way to understand the economy without a big party telling us what to do, what you are proposing goes against that and if that means less investors so be it, not everything is about making profits in this market.



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.BITVEST DICE.
HAS BEEN RELEASED!


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